Congress will quietly give homeowners their ceremonial Yule log this week that could save them on a massive tax bill. Roy explains more in the following video. The Ultimate Gift Congress Gives Homeowners.
Tag: Short Sales
Written by Samantha Joseph, Daily Business Review. Kenneth Welt, senior U.S. bankruptcy trustee for the Southern District of Florida, said strong demand is gobbling up the inventory of distressed real estate sold through a pilot program designed to bypass foreclosure.
Aunt Fannie and Uncle Freddie May Cause a New Round of Strategic Defaults
The following article was written By Paul Owers, Sun Sentinel and republished in the South Florida Law Blog with excerpts by Roy Oppenheim, homeowner defense attorney and legal blogger. Click here to read the original article. Declining foreclosures, short sales and unemployment rates Declining foreclosures, short sales and unemployment rates normalize housing industry in Palm Beach and Broward Counties while […]
The following article is written for the South Florida Law Blog by Oppenheim Law attorney Roy Oppenheim. Florida has remained in the top three of states with the highest foreclosure rate since the housing market collapsed in late 2007. Even scarier for distressed homeowners is the fact that Florida is a recourse state, permitting lenders to seek deficiency judgments for […]
The following article was published in the Daily Business Review and written by Samantha Joseph for the DBR. The South Florida Law Blog has republished select exerpts with quotes from Roy Oppenheim, Oppenheim Law. New Wave of Short Sales A new wave of short sales could be part of the fallout from Florida’s Fair Foreclosure Act as property owners move to mitigate losses […]
The following Miami Herald article was written by Roy Oppenheim and is being republished in the South Florida Law Blog. Florida proposed legislation – HB 87 and SB 1666 – which backers claim will clear the backlog of foreclosure cases in Florida instead invites bank fraud and creates more problems by putting speed ahead of justice. The backlog is blamed […]
It’s a great time to do a short sale. Banks have finally realized they have much more to gain by agreeing to a short sale rather than allowing a home to go through foreclosure.Data released by RealtyTrac today shows pre-foreclosure sales, which are often short sales, were up 15% in the fourth quarter of 2011. It’s easier than ever before […]